15720 SW 92nd Ave UNIT 1APalmetto BayFL33157
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palmetto Bay at 15720 SW 92nd Ave UNIT 1A, Palmetto Bay, FL, 33157 uses $149,009 cash to close to unlock $28,661/yr annual cash flow and $2,388/mo monthly cash flow. Total monthly income runs $6,038/mo, and a $2,200/mo payment keeps the spread at $2,388/mo. Purchase price stands at $449,500, and rental yield measures 16.12% with $6,038/mo rent. Return on cash invested shows 39.14% in year one, and 5% annual appreciation builds toward $124,189 over five years. Five-year ROI reaches 208.52% and total cumulative return in cash records $310,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,038/mo property income covering a $2,200/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
$645 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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Listed by: Caroline Camus • Coral International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11639103
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.